ID560
Low profit contract up for renewal/escalation
Output Type: Email
When possible, Best Practice is to evergreen your service contracts (auto renew) with a clause in your contract that allows you to increase the rate each year. Then set up e-automate to have automatic rate increases for base and overages. Typically you review each contract before renewing and perhaps have a larger increase for a less profitable contract. This alert will tell you about contracts up for renewal with low profit margin in last Variable W (12 or 24) months due to expire (or has a scheduled price increase) in the next 90 days. Alert sends on first of each month.
Related Alerts
| ID # | Description | Notes | Required |
|---|---|---|---|
| ID150 | Contract Profitability by Rolling Month | ID150 looks at all contracts each month and alerts on low profits, ID560 looks at contracts up for renewal with low profits. | Yes |
| ID174 | Contract change audit | Typically contracts increase by X% on the anniversary date, the base rate and the overage rate will increase but the credit rate for underages does not change. ID174 helps monitor this, change the credit rate when this report is received. | No |
| ID261 | Contracts with no scheduled increases or escalations setup for base or overage | ID261 will report on contracts missing auto escalations on base and overage rates | No |
| ID334 | HouseKeeping CEOJuice Background Tables | Yes | |
| ID320 | Where do you keep sales rep info, CRM or eAuto | Yes | |
| ID768 | Biggest problem contracts without a plan | No | |
| ID758 | Biggest toner problem Contracts losing money | ID768 or ID560 or ID773 required if you want to use the note functionality | No |
| ID388 | Low profit contract with new service call | No |